HomeMy WebLinkAbout081 - 06/17/1997 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND FOR AN ADDITION TO ORDINANCE NO. 81, 1997
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
FOR AN ADDITION TO THE EDUCATION AND LIFE TRAINING CENTER
WHEREAS, the Community Development Grant Block (CDBG) Program provides for
Federal funds from the Department of Housing and Urban Development (HUD) to the City of Fort
Collins which can be allocated to housing and community development related programs and
projects, thereby, reducing the demand on the City's General Fund budget; and
WHEREAS, City Council annually approves projects for federal fiscal year projects, upon
recommendations from the CDBG Commission, and authorizes appropriations for expenditure on
said projects; and
WHEREAS,on June 7, 1994, City Council adopted Resolution 94-95 and Ordinance No. 97,
1994, adopting the 1994-95 CDBG Program and appropriating revenue for expenditures relating to
the 1995-96 CDBG program; and
WHEREAS, as part of the 1994-95 CDBG Program, City Council approved funding in the
amount of $121,000 to be used for an addition to the existing building for Education and Life
Training Center (the "Project"), formerly called the Volunteer Clearing House; and
WHEREAS,the original proposal for the Project,called for the CDBG Program to contribute
one-half of the funds needed($121,000),to construct the Project and for private foundation matching
funds,totaling$121,000,to be secured by the Education and Life Training Center,for a total Project
cost of$242,000; and
WHEREAS,the Education and Life Training Center was only able to secure matching funds
totaling $45,000, and has since reduced the Project's scope, thereby reducing the total cost of the
Project to $183,183; and
WHEREAS,on June 6, 1996,City Council adopted Resolution 96-69 and Ordinance No. 87,
1996, adopting the 1996-97 CDBG Program and appropriating revenue for expenditures relating to
the 1996-97 CDBG Program; and
WHEREAS, City Council approved funding in the amount of $19,183, for the
aforementioned 1996-97 Program, to be used with the $121,000 approved as part of the 1994-95
Program for the purpose of constructing the Project,bringing the total funds available for the Project
to $140,183; and
WHEREAS,Article V, Section 9, of the Charter of the City of Fort Collins permits the City
Council to make supplemental appropriations by ordinance at any time during the fiscal year,
provided that the total amount of such supplemental appropriations, in combination with all previous
appropriations for that fiscal year, do not exceed the then current estimate of actual and anticipated
revenues to be received during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of unanticipated revenue in the
amount of$45,000 in matching funds received in connection with the Education and Life Training
Center project will not result in total appropriations in excess of the current estimate of actual and
anticipated revenues for fiscal year 1997; and
WHEREAS, it is the desire of City Council to appropriate the sum of$45,000 in matching
funds received from the Education and Life Training Center to be used with existing appropriations
in the Community Development Block Grant Fund for the purpose of constructing an addition to the
Education and Life Training Center building.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the federal
fiscal year 1996-97, Community Development Block Grant Fund, the sum of FORTY-FIVE
THOUSAND DOLLARS ($45,000) from the Education and Life Training Center to be used with
previously appropriated funds, to construct an addition to the Education and Life Training Center
building.
Introduced and considered favorably on first reading and or d published thi rd d of
June, A.D. 1997, and to be presented for final passage on the 17th day of J6ne, A. . 1997
r
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 17th day of June, A.D. 1997.
Mayor F!�'r3M
ATTEST:
UL
City Clerk